Mining Fee Market Shows Signs Of Life Despite Bitcoin Price Downturn

Bitcoin Magazine

Bitcoin fee markets are showing small signs of life despite bitcoin’s price dropping roughly 70% since its latest all-time highs and hash price — a measure of the value for hash rate — falling by roughly the same amount.

Fees and the long-term prospects of fee revenue for miners is a hotly-debated topic, especially during bearish market trends. Bear markets are prime time for arguing about fees not only because market participants are bored and antsy, but also because this source of revenue dwindles considerably during these periods.

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